McDonald’s Misses Q2 Estimates as Consumers Pull Back on Spending

McDonald's reports a disappointing second-quarter earnings result, revealing that its revenue fell short of expectations. The fast-food giant recorded just under $6.5 billion in revenue, missing the analysts' prediction of $6.6 billion. This shortfall comes as consumers increasingly view fast food as a less attractive option, turning to other alternatives.

McDonald’s earnings, revenue miss estimates as consumer pullback worsens. CNBC's Kate Rogers joins 'Squawk Box' to report on the company's quarterly earnings results.

In a more detailed look, McDonald's. . .